Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if the biggest financial mistakes people make aren't about picking the wrong investment or getting the timing wrong - but about the things nobody ever sat them down and actually explained? I've spent over 50 years in property investment. I've read hundreds of books, attended countless courses, paid for mentors, and written nine books of my own. And yet, despite all of that, some of the most important money lessons took me far longer to truly understand than I would have liked. Today, I want to share those with you. Not as theory, but as the hard-won insights I'd go back and tell my younger self if I could - lessons that would have accelerated my wealth-building and saved me from a few unnecessary headaches along the way. Some of these will challenge what you've been told. Some will feel obvious in hindsight. And a few might make you stop and think differently about decisions you're making right now. The discussion explores how delayed gratification and patience can help investors build lasting wealth instead of chasing quick results. The episode considers why daily market noise can lead to poor decisions, while quality assets and long-term thinking provide greater perspective. I explain why property investment should be treated as a deliberate process involving strategy, the right team, careful asset selection and disciplined risk management. The conversation concludes by looking at future-focused decision-making, the value of financial freedom and why most worries never become as serious as expected. Takeaways • Patience allows quality investments to benefit from long-term compounding • Productive debt funds assets capable of growing in value • Consumer debt reduces wealth by financing short-term spending • Cash-flow buffers protect investors during rising interest rates • Daily market commentary can encourage emotionally driven decisions • Property often appears expensive before long-term growth becomes visible • Investment success depends more on fundamentals than forecasts • A clear strategy prevents impulsive property purchases • Financial freedom gives people greater control over life choices • Future-focused decisions can improve money, health and relationships Chapters 03:06 - Lesson 1: Learn delayed gratification 04:48 - Lesson 2: Debt is not the enemy, mismanaged debt is 06:48 - Lesson 3: Watching the market daily will not help 09:20 - Lesson 4: In 30 years you will wish you invested more 10:57 - Lesson 5: Nobody knows short term performance 14:13 - Lesson 6: Property investing is a process, not an event 16:34 - Lesson 7: Money cannot buy happiness but it changes the terms 17:55 - Lesson 8: You only need the core principles 19:58 - Lesson 9: Will my future self approve of this 21:18 - Lesson 10: Things will work out Links and Resources: Join us at one of our upcoming seminars in Melbourne, Sydney, and Brisbane. • Click here for more details and to lock in your spot.https://metropole.com.au/how-to-grow-seminar/ • Join us in this small group environment so you can get your personal questions answered. Answer this week's trivia question here - https://www.propertytrivia.com.au/ · Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time? · Everyone wins a copy of a fully updated property report – What's ahead for property for 2026 and beyond. Michael Yardney – Subscribe to my Property Update newsletter here. Get the team at Metropole to help build your personal Strategic Property plan. Click here and have a chat with us. Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia Success in property investment isn't just about numbers - it's about mindset, behaviour and decision making. In The Michael Yardney Podcast, we explore the psychology of wealth, the habits of successful investors, and how to think strategically during uncertain market conditions. Regular topics include: • Psychology of money and wealth• Investor behaviour and market cycles• Rich habits vs poor habits• High performance mindset• Risk management thinking• Decision making under pressure• Long-term investing discipline• Overcoming fear in property markets• Building wealth through strategy, not speculation If you want to avoid common investor mistakes and develop the mindset required to build lasting wealth in Australia's property market, this podcast is for you. More resources at:https://propertyupdate.com.auhttps://metropole.com.au

Right now, there are two types of property investors in Australia. Those who bought before 7:30pm on the 12th of May 2026, and those who bought after it. And depending on which camp you're in, the entire economics of your next move just changed. If you already own an established investment property, you're sitting on something the government has effectively locked in for you, full negative gearing, the old rules, preserved. But here's what almost nobody's talking about. What you do with that property from here can either protect that advantage or accidentally throw it away. Can you renovate it without losing your grandfathered status? Can you add a second dwelling on the same block? And when you go looking for finance to do any of it, does your bank even understand what you're trying to achieve? In this episode I speak with Dorian Traill and by the end of this episode, you'll know exactly how to use the property you already own to build more wealth, without stepping on the very tax treatment that makes it valuable in the first place. We examine how the new rules create different tax outcomes for existing and future property owners. The conversation explores when renovating a grandfathered property may improve its value, depreciation benefits and investment appeal. We also look at loan structures, deductible borrowing, construction finance and the risks of mixing personal and investment debt. Finally, we consider subdivision, development funding and why a clear exit strategy should guide every project from the beginning. Takeaways • Grandfathered properties retain important negative gearing advantages • Tax benefits cannot rescue an underperforming property • Renovations may improve depreciation and future value • Loan structures can protect borrowing deductibility • Mixed-purpose debt can compromise tax deductions • Repairs and improvements receive different tax treatment • Demolition may affect grandfathered property treatment • Construction finance requires careful project planning • Larger developments may require commercial lending • Exit strategies should guide development decisions Chapters 02:05 - What grandfathered negative gearing actually means 06:21 - Can you renovate without losing it 13:25 - How to fund a renovation the right way 18:27 - Splitting the block and adding a second dwelling 21:13 - When lending tips over into commercial Links and Resources: Join us at one of our upcoming seminars in Melbourne, Sydney, and Brisbane. • Click here for more details and to lock in your spot. https://metropole.com.au/how-to-grow-seminar/ • Join us in this small group environment so you can get your personal questions answered. Answer this week's trivia question here - https://www.propertytrivia.com.au/ • Win a hard copy of Negotiate Influence Persuade. • Everyone wins a copy of a fully updated property report Michael Yardney – Subscribe to my Property Update newsletter here Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Dorian Traill, Senior Wealth Planner at Metropole https://metropole.com.au/expert/dorian-traill/ Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. Or click here: https://demographicsdecoded.com.au/ About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing. Each week we explore: • Australian property market updates• Property investment strategies in Australia• Melbourne property market trends• Sydney property market forecasts• Brisbane property investment opportunities• Capital growth property strategies• Property cycles in Australia• Negative gearing and tax strategy• Interest rates and their impact on property• Buyer's agent insights and investment planning If you're serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need. Learn more at:https://propertyupdate.com.auhttps://metropole.com.au

What if the secret to becoming wealthy wasn't being smarter than everyone else? What if it wasn't timing the market, picking the next hot suburb, or finding some clever tax loophole? What if the real secret was simply living long enough to let good assets quietly compound in the background? Now, I know that sounds strange, but in a recent article in The New Daily Simon Kuestenmacher used a fascinating idea he called "vampire economics." His argument was that if vampires existed, they should be incredibly wealthy. After all, they don't retire. They don't have a 30-year investment horizon. They don't panic because interest rates rise for a year or two. They don't sell a good asset because the media tells them the market is about to crash. They can buy scarce assets, hold them for centuries, and let time do the heavy lifting. Of course, you and I don't have 400 years to invest. But there's a powerful lesson here for property investors, business owners, families and policymakers. Takeaways • Vampires benefit from exceptionally long investment horizons • Compounding becomes powerful when time remains unlimited • Scarce property can reward patient long-term ownership • Inflation gradually supports the value of real assets • Population growth can strengthen property demand over decades • Market headlines distract investors from enduring fundamentals • Active optimism requires action, not passive hope • Quality assets better support intergenerational wealth • Property strategy matters more than short-term speculation • Time allows wealth to outlast individual investors Chapters 03:23 - Where the idea of vampire economics came from 09:15 - Why scarcity matters as much as time 10:09 - Income versus wealth 12:37 - Should governments be vampires or vampire hunters 17:59 - The bank of mum and dad as a vampire lesson Links and Resources: Join us at one of our upcoming seminars in Melbourne, Sydney, and Brisbane. • Click here for more details and to lock in your spot.https://metropole.com.au/how-to-grow-seminar/ • Join us in this small group environment so you can get your personal questions answered. Answer this week's trivia question here - https://www.propertytrivia.com.au/ • Win a hard copy of How To Grow a Multi-Million Dollar Property Portfolio in your Spare Time? • Every entry receives a copy of a fully updated Property Report. Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Simon Kuestenmacher: Australia's leading demographer and partner in the Demographics Group. Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Australian property market doesn't move in isolation - it's shaped by demographics, economic forces and long-term structural trends. The Michael Yardney Podcast dives into: • Australian economic outlook • Demographic trends shaping housing demand • Population growth and migration impacts • Housing affordability debates • Interest rates and inflation • Supply shortages and construction cycles • Government policy and property markets • Future trends in Australian real estate • Strategic property investment planning If you want to understand what's really driving property prices in Melbourne, Sydney, Brisbane and around Australia, and how to position your portfolio for the future, this podcast delivers data-driven insights and practical strategy. Explore more at:https://propertyupdate.com.auhttps://metropole.com.au

Twenty years ago I wrote a book that I honestly thought would sell a few thousand copies to friends and colleagues. Instead, it became Australia's best-selling property investment book, and it's sat on the bookshelf of tens of thousands of investors who've gone on to build genuine wealth using the strategies inside it. Today we're doing something a little different. Instead of me interviewing a guest, I'm handing the microphone over, and my colleague from Metropole, Joseph Bellotta, who is going to interview me about the brand new edition of "How to Grow a Multi-Million Dollar Property Portfolio in My Spare Time." We're going to talk about what's changed since 2006, what's stayed exactly the same, why I felt the need to update it again, and what today's investors need to know that wasn't even a consideration two decades ago. If you've read the earlier editions, you'll want to hear this. And if you've never read it, this conversation will give you a pretty good idea of whether it belongs on your own bookshelf because we discuss how property investment has changed since the original 2006 edition of my book. I explain why higher interest rates, stricter lending rules and changing taxes have made borrowing capacity a critical strategic resource. We explore why quality properties in strong locations remain more important than simply accumulating a large number of properties. I discuss how financial buffers, long-term holding power and careful portfolio structures can help investors navigate market uncertainty. Joseph and I consider why data and technology can support better decisions, while experience and sound judgement remain essential when selecting property. Takeaways • Lending capacity must be managed across future purchases • Quality assets provide stronger long-term capital growth potential • Financial buffers protect investors during market downturns • Property investment requires decades-long thinking and patience • Data cannot replace judgement about location and scarcity • Tax policy can materially change investment returns • Owner-occupier demand supports stronger property resale prospects • Cash flow alone does not create lasting wealth • Personal strategy should guide every property purchase • Trusted advisers improve portfolio decisions during uncertainty Chapters 02:11 - Why update the book again after twenty years 05:24 - Is it actually harder to build a portfolio today 08:14 - What changed most: finance, tax and holding power 11:47 - Data, AI and why algorithms cannot replace judgment 26:33 - Three lessons to take from the new edition Links and Resources: Join us at one of our upcoming seminars in Melbourne, Sydney, and Brisbane. • Click here for more details and to lock in your spot.https://metropole.com.au/how-to-grow-seminar/ • Join us in this small group environment so you can get your personal questions answered. Answer this week's trivia question here - https://www.PropertyTrivia.com.au/ · Win a hard copy of Negotiate Influence Persuade. · Everyone wins a copy of a fully updated property report. Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Joseph Ballota, Senior Wealth Strategist Metropole https://metropole.com.au/expert/joseph-ballota/ Get a bundle of free reports and eBooks: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing. Each week we explore: • Australian property market updates• Property investment strategies in Australia• Melbourne property market trends• Sydney property market forecasts• Brisbane property investment opportunities• Capital growth property strategies• Property cycles in Australia• Negative gearing and tax strategy• Interest rates and their impact on property• Buyer's agent insights and investment planning If you're serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need. Learn more at:https://propertyupdate.com.auhttps://metropole.com.au

Smart investors still make expensive mistakes, and surprisingly often, the problem begins inside their own heads. We like to believe that our investment decisions are based on facts, careful analysis and rational judgment. Yet cognitive biases quietly shape which facts we notice, which risks we dismiss and which stories we choose to believe. They encourage property investors to follow the crowd, cling to underperforming assets, chase yesterday's winning markets and become more confident precisely when they should be more cautious. Louise Bedford – "The Money Chick" recently interviewed me about the psychology behind these decisions and the cognitive biases that quietly influence property and share-market investment decisions. We examine how confirmation bias encourages investors to seek supporting evidence while ignoring information that challenges their preferred conclusions. I explain why sunk cost fallacy can keep people holding underperforming properties instead of recognising their opportunity cost. Louise and I explore how loss aversion, recency bias and anchoring can distort decisions during market uncertainty and changing property cycles. We discuss practical ways to improve investment judgement, including using strategic plans, seeking disconfirming evidence and inviting experienced people to challenge your thinking. Takeaways • Cognitive shortcuts can distort otherwise intelligent investment decisions • Confirmation bias makes selective research feel genuinely rational • Strategic property plans reduce emotionally driven investment commitments • Sunk costs can prolong ownership of poor-quality assets • Small losses may become much larger financial mistakes • Quality properties deserve patience through normal market cycles • Poor assets turn patience into expensive denial • Recent market trends rarely predict permanent future conditions • Leading fundamentals matter more than short-term property headlines • Independent advisers can expose blind spots before costly decisions Chapters • 02:44 - Why intelligence cannot prevent investment bias • 03:34 - Confirmation bias and selective property evidence • 12:19 - Distinguishing patience from investment denial • 17:06 - How recency bias distorts market expectations • 25:26 - Overconfidence, humility and disciplined investing Links and Resources: Answer this week's trivia question here - www.PropertyTrivia.com.au · Win a hard copy of Negotiate Influence Persuade. · Everyone wins a copy of a fully updated property report Michael Yardney – Subscribe to my Property Update newsletter here Get the team at Metropole to help build your personal Strategic Property plan. Click here and have a chat with us. Louise Bedford – The Money Chick https://www.tradinggame.com.au/about-us/louise-bedford/ Talking Trading Louise's podcasthttps://www.tradinggame.com.au/why-choose-us/in-the-press/ Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing. Each week we explore: • Australian property market updates• Property investment strategies in Australia• Melbourne property market trends• Sydney property market forecasts• Brisbane property investment opportunities• Capital growth property strategies• Property cycles in Australia• Negative gearing and tax strategy• Interest rates and their impact on property• Buyer's agent insights and investment planning If you're serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need. Learn more at:https://propertyupdate.com.auhttps://metropole.com.au

What if the greatest threat to your property investment success isn't choosing the wrong suburb, paying too much or getting your timing wrong? What if it's your inability to remain disciplined when the headlines become frightening, the forecasts turn gloomy and everyone around you starts questioning whether property is still a good investment? Over the last six years, Australian property investors have lived through a pandemic, lockdowns, recession warnings, emergency-low interest rates, a property boom, rapid inflation, a punishing interest rate cycle, construction failures, wars, tax changes and repeated predictions of a housing market crash. Yet property values rose substantially over that period, although some markets and some types of property performed considerably better than others. So, how did some investors build significant wealth while others remained frozen on the sidelines, sold quality properties at the wrong time or chased yesterday's hotspots? That is what I'm going to explain in today's show. I explain why property investing is really a blend of hard data and smart judgement. I break down how research, finance, demographics, and supply and demand give us the science behind good decisions. I also share why context, patience, and emotional discipline matter just as much as the numbers. I look at how headlines, uncertainty, and market noise can push investors into poor decisions if they lose perspective. I finish by showing why a long-term strategy matters more than chasing certainty or the latest hotspot. Takeaways • Fear and headlines often damage investing results more than poor suburb selection. • Property investing combines research, finance, and demographics with judgment and patience. • Market noise has included pandemics, inflation, rate rises, and repeated crash predictions. • Median price growth can hide major differences between cities, suburbs, and property types. • Data can mislead when it lags the market or reflects an unusual sales mix. • Successful investors study scarcity, demand, income growth, and owner-occupier appeal. • Interpretation matters because raw numbers rarely tell the full property story. • Over-analysis can become procrastination disguised as careful decision-making. • A strong strategy includes buffers, leverage control, and sensible ownership structure. • Wealth comes from holding the right assets through multiple market cycles. Chapters • 00:00 - Fear can derail property decisions • 01:38 - Science and art in property investing • 05:01 - Reading context beyond the numbers • 09:20 - Why long-term growth still matters • 17:40 - Strategy beats reaction every time Links and Resources: Answer this week's trivia question here - https://www.propertytrivia.com.au/ · Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time? · Everyone wins a copy of a fully updated property report – What's ahead for property for 2026 and beyond. Michael Yardney – Subscribe to my Property Update newsletter here Get the team at Metropole to help build your personal Strategic Property plan. Click here and have a chat with us. . Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia Success in property investment isn't just about numbers - it's about mindset, behaviour and decision making. In The Michael Yardney Podcast, we explore the psychology of wealth, the habits of successful investors, and how to think strategically during uncertain market conditions. Regular topics include: • Psychology of money and wealth• Investor behaviour and market cycles• Rich habits vs poor habits• High performance mindset• Risk management thinking• Decision making under pressure• Long-term investing discipline• Overcoming fear in property markets• Building wealth through strategy, not speculation If you want to avoid common investor mistakes and develop the mindset required to build lasting wealth in Australia's property market, this podcast is for you. More resources at:https://propertyupdate.com.auhttps://metropole.com.au

What if I told you that almost none of the financial decisions you agonise over actually matter? Most investors worry about interest rates, the next hot suburb, tax changes, market timing, stock picking, and whether they should buy now or wait. But what if 95% of your financial future is shaped by just a handful of decisions - many of them made quietly, early, and often without enough thought? That's the fascinating idea we're unpacking today with Stuart Wemyss, founder of ProSolution Private Clients, who says there are really only a handful of decisions in your entire life that determine 95% of your financial outcome, and most of them have got nothing to do with property, shares, or the share market at all. By the end of this episode, you'll know exactly what those decisions are, why most people get them wrong without even realising it, and how getting just four or five calls right can matter more than decades of diligent budgeting or clever investment picking. In this episode Stuart and I outline the handful of financial decisions that can shape most of your lifetime outcomes. We unpack why the big calls matter far more than obsessing over small, daily money choices. We look at how partner alignment can either strengthen your wealth plan or create ongoing conflict. We explore why career choice is really an income strategy, not just a lifestyle preference. We discuss how your spending and saving philosophy needs to change as life stages change. We finish by covering the tactical decisions that compound over time, including property, home ownership, superannuation, and advice. Takeaways • Your life partner shapes money habits, saving priorities, and long-term financial harmony. • Shared financial goals reduce conflict and keep couples moving in the same wealth direction. • Career choice matters because income potential sets the ceiling for future investing capacity. • Choosing work aligned to skill and passion improves consistency, confidence, and earning power. • A spending philosophy adapts across life stages, unlike rigid budgets that quickly become outdated. • Some seasons demand aggressive saving, while others allow greater spending and enjoyment balance. • The first property often creates the equity needed to accelerate later wealth-building moves. • Buying quality in the right location can unlock borrowing power and future opportunity. • Your home can become a powerful fallback asset through equity and tax-free growth. • Superannuation decisions matter because fees and asset allocation compound over decades. Answer this week's trivia question here – https://www.propertytrivia.com.au/ · Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time. · Everyone wins a copy of a fully updated property report. Links and resources: Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Stuart Wemyss – Prosolution Private Clients Stuart's new book – Wealth by Design: 8 rules for smarter investing and financial freedom https://www.amazon.com.au/Wealth-Design-smarter-investing-financial/dp/192318654X/ Please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing. Each week we explore: • Australian property market updates• Property investment strategies in Australia• Melbourne property market trends• Sydney property market forecasts• Brisbane property investment opportunities• Capital growth property strategies• Property cycles in Australia• Negative gearing and tax strategy• Interest rates and their impact on property• Buyer's agent insights and investment planning If you're serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need. Learn more at:https://propertyupdate.com.auhttps://metropole.com.au

Could you be earning a good income, owning property and still operating with a poverty mindset? Could beliefs you absorbed as a child be quietly limiting how much wealth you build today? And why do some people break free from financial hardship while others repeat the same patterns from one generation to the next? My guest today, Tom Corley, spent years studying the habits and thinking of wealthy and financially struggling people, and what he discovered may make you reconsider some of your own beliefs about money. Stay with us because, before we finish, Tom will help you identify the warning signs of a poverty mindset and give you practical ways to replace them with the habits and beliefs that support financial independence. Tom and I discuss how childhood conditioning can shape money beliefs, habits, and emotional decisions for years. We unpack the difference between victim thinking, entitlement, and the mindset wealthy people use to keep moving forward. Tom shares practical ways to replace limiting patterns with wealth-building habits, gratitude, responsibility, and self-awareness. Takeaways • Money beliefs formed in childhood often control adult financial decisions. • Spending every dollar can become a survival habit that blocks wealth. • Closed minds stop learning, which creates blind spots in money decisions. • Victim thinking encourages inaction by making people feel powerless. • Entitlement mindset can exist in both inherited wealth and hardship. • Frugal peer groups help saver-investors stay disciplined and avoid lifestyle creep. • Wealth grows faster when people accept responsibility for their own outcomes. • Gratitude improves mindset and supports better long-term financial choices. • Social media comparison fuels envy by hiding debt and sacrifice. • Tracking daily habits reveals patterns that can be inverted into growth. Links and Resources: Answer this week's trivia question here - https://www.PropertyTrivia.com.au/ · Win a hard copy of Michael Yardney's and Tom Corley's Book – Rich Habits, Poor Habits · Everyone wins a copy of a fully updated property report. Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Get Tom Corley's regular money tips here: https://richhabits.net/tips-articles/ Get a bundle of free reports and eBooks: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia Success in property investment isn't just about numbers - it's about mindset, behaviour and decision making. In The Michael Yardney Podcast, we explore the psychology of wealth, the habits of successful investors, and how to think strategically during uncertain market conditions. Regular topics include: • Psychology of money and wealth• Investor behaviour and market cycles• Rich habits vs poor habits• High performance mindset• Risk management thinking• Decision making under pressure• Long-term investing discipline• Overcoming fear in property markets• Building wealth through strategy, not speculation If you want to avoid common investor mistakes and develop the mindset required to build lasting wealth in Australia's property market, this podcast is for you. More resources at:https://propertyupdate.com.auhttps://metropole.com.au

What if the greatest financial risk facing you isn't the next property downturn, another interest rate rise or even a recession, but the possibility that you live much longer than your money does? Many Australians approaching retirement are planning around a model that belongs to another generation. They assume they'll stop working somewhere around 65 and need enough money for perhaps 15 or 20 years. But if you live into your 90s or even reach 100, your retirement could last 30 or 35 years. That means decades of rising living costs, healthcare expenses and inflation gradually eroding the purchasing power of your money. Suddenly, a superannuation balance that once seemed substantial may be nowhere near enough. Living longer is clearly good news, but it changes the financial equation. You're likely to need a larger asset base, multiple streams of income and a wealth strategy extending well beyond superannuation alone. Property will have an important role to play, both through owning your home and by holding carefully selected investment assets capable of growing in value and producing income over the long term. In today's show, I chat with Simon Kuestenmacher about how increasing longevity will change retirement, employment, housing, relationships and the way Australians should invest. We unpack why the old idea of stopping work at 65 is becoming outdated for more and more people. We discuss how a longer retirement means your money needs to stretch across decades of living costs and healthcare. We explore why property will play a bigger role in building income, security, and long-term financial flexibility. We look at how ageing Australians will reshape housing demand, aged care, relationships, and the kinds of homes people need. Takeaways • Australians may need a much larger asset base to fund a 35-year retirement. • Living longer increases healthcare costs, making inflation a bigger threat to savings. • Property can provide long-term income and capital growth across extended retirement years. • Semi-retirement is becoming more common as people ease out of full-time work. • Employers will need more flexible roles to keep older workers engaged. • Ageing populations increase demand for downsizers, retirement villages, and aged care. • Family homes may stay off the market longer as owners live there into their nineties. • More Australians will need adaptable housing with rails, showers, and step-free access. • Strong friendships and social connection reduce loneliness and protect mental health in later life. • A longer life rewards people who keep learning, stay active, and plan strategically. Links and Resources: Answer this week's trivia question here - https://www.propertytrivia.com.au/ • Win a hard copy of How To Grow a Multi-Million Dollar Property Portfolio in your Spare Time? • Every entry receives a copy of a fully updated Property Report. Michael Yardney http://michaelyardney.com/ Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Simon Kuestenmacher: Australia's leading demographer and partner in the Demographics Group. Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Australian property market doesn't move in isolation - it's shaped by demographics, economic forces and long-term structural trends. The Michael Yardney Podcast dives into: • Australian economic outlook • Demographic trends shaping housing demand • Population growth and migration impacts • Housing affordability debates • Interest rates and inflation • Supply shortages and construction cycles • Government policy and property markets • Future trends in Australian real estate • Strategic property investment planning If you want to understand what's really driving property prices in Melbourne, Sydney, Brisbane and around Australia, and how to position your portfolio for the future, this podcast delivers data-driven insights and practical strategy. Explore more at:https://propertyupdate.com.auhttps://metropole.com.au

Commercial property is suddenly attracting a great deal more attention from investors. Following the recent Federal Budget changes, some residential property investors are looking at warehouses, offices and shops and wondering whether commercial property offers a safer tax environment, stronger cash flow and a better way forward. On the surface, the numbers can look very attractive, but by the end of this show, you're going to understand the real differences between commercial and residential property, the risks that most residential investors never see coming until it's too late, what's actually driving capital growth in commercial and industrial property right now, and most importantly, where commercial property fits, and doesn't fit, in your wealth creation journey. Today I'm joined by Brett Warren, National Director at Metropole and someone who's helped hundreds of investors work through exactly this decision. We unpack how recent tax changes are pushing some buyers toward higher-yield assets, but also why yield alone can be misleading. We explore the key differences between commercial and residential property, especially how leases, tenants, and business conditions shape performance. We discuss why industrial property is benefiting from e-commerce, logistics demand, and scarce well-located land. We finish by showing where commercial property fits in a broader wealth strategy, and why timing, structure, and risk management matter most. Takeaways • Commercial property can lift cash flow, but higher income usually comes with greater risk. • Residential property generally suits wealth accumulation through long-term capital growth first. • Commercial values depend heavily on rent, lease quality, and tenant strength. • Vacant commercial premises can reduce income and also drag down capital value. • Longer leases can provide certainty, but they also delay rent resets to market. • Many commercial tenants pay outgoings, which improves net income for owners. • Good commercial purchases often need larger deposits and stricter lending terms. • Specialised buildings can be harder to re-lease when a tenant moves out. • Industrial property is gaining momentum because warehousing demand keeps rising. • Strong due diligence matters because the tenant's business becomes part of your investment risk. Links and Resources: Answer this week's trivia question here - https://www.PropertyTrivia.com.au/ · Win a hard copy of How To Grow A Multimillion-Dollar Property Portfolio In Your Spare Time. · Everyone wins a copy of a fully updated property report. Michael Yardney Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us. Brett Warren - National Director of Property at Metropole. Subscribe to Brett's weekly live property market update on YouTube, The Market Room. Get a bundle of free reports and eBooks: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing. Each week we explore: • Australian property market updates• Property investment strategies in Australia• Melbourne property market trends• Sydney property market forecasts• Brisbane property investment opportunities• Capital growth property strategies• Property cycles in Australia• Negative gearing and tax strategy• Interest rates and their impact on property• Buyer's agent insights and investment planning If you're serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need. Learn more at:https://propertyupdate.com.auhttps://metropole.com.au

Negative gearing on established homes has just been abolished. The capital gains tax discount you've relied on for twenty years has been rewritten. And somewhere between the government's press conference and the Treasury modelling, a trillion dollars in debt got added to the tab for a generation that hasn't even been asked if they're willing to pay it. So here's the question I want to answer for you today. If you're a property investor, a business owner, or someone who just wants a comfortable retirement, what do the next three years actually look like for you? By the end of this episode, you'll know exactly what the man leading the opposition to these changes thinks should happen instead. You'll know whether a change of government would genuinely wind back negative gearing and CGT reform, or whether that's politically unrealistic once the changes are locked in. And you'll understand where the real blame sits for the property market slowdown, because it's not as simple as the headlines make out. My guest today is the Hon Tim Wilson, the Federal Member for Goldstein and Australia's Shadow Treasurer and in this episode I'm speaking with him about what the recent tax and housing changes mean for property, business, and retirement outcomes. We unpack how government debt, rising taxes, and weaker private investment are reshaping Australia's economic outlook. Tim explains why policy uncertainty is damaging confidence for property investors, business owners, and overseas capital. We discuss how changes to negative gearing, capital gains tax, and trusts could lift rents and deter new housing supply. We also explore why a growth-focused, small-business-led economy is, in Tim's view, the best path forward. Takeaways • Government debt today becomes tomorrow's taxes, squeezing household spending and future investment choices. • Inflation erodes living standards by lifting supermarket prices while wages and productivity struggle to keep pace. • Public-sector job growth can crowd out private enterprise, weakening long-term economic resilience and innovation. • Higher taxes on property investment reduce rental supply, pushing rents upward for tenants. • Tax changes that hurt housing feasibility discourage builders, slowing new dwelling construction across the market. • First-home buyer schemes can unintentionally inflate entry-level prices by boosting demand faster than supply. • Retrospective rule changes destroy investor confidence, making long-term capital allocation far riskier. • Trust tax reforms may trigger costly restructures, wasting time and money across the economy. • Prioritising super over home ownership delays deposits, family formation, and wealth-building for younger Australians. • Small businesses drive productivity and hiring, so backing them supports broader economic growth and opportunity. Links and Resources: Answer this week's trivia question here - https://www.propertytrivia.com.au/ · Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time. · Everyone wins a copy of a fully updated property report Michael Yardney – Subscribe to my Property Update newsletter here. Get the team at Metropole to help build your personal Strategic Property plan. Click here and have a chat with us. Hon Tim Wilson – Shadow Treasurer https://www.aph.gov.au/Senators_and_Members/Parliamentarian?MPID=IMW Get a bundle of eBooks and Reports at: www.PodcastBonus.com.au Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future. About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing. Each week we explore: • Australian property market updates • Property investment strategies in Australia • Melbourne property market trends • Sydney property market forecasts • Brisbane property investment opportunities • Capital growth property strategies • Property cycles in Australia • Negative gearing and tax strategy • Interest rates and their impact on property • Buyer's agent insights and investment planning If you're serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need. Learn more at:https://propertyupdate.com.auhttps://metropole.com.au